Democrats say they will accept McConnell debt ceiling offer

Democratic senators on Wednesday signaled they will accept a proposal by Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellBiden says he's open to altering, eliminating filibuster to advance voting rights Pelosi says GOP senators 'voted to aid and abet' voter suppression for blocking revised elections bill Manchin insists he hasn't threatened to leave Democrats MORE (R-Ky.) to raise the debt limit for two months to avoid a potential economic crisis.

Sen. Tammy BaldwinTammy Suzanne BaldwinProgressives push back on decision to shrink Biden's paid family leave program Building back better by investing in workers and communities The Hill's Morning Report - Presented by Facebook - Senate nears surprise deal on short-term debt ceiling hike MORE (D-Wis.) noted that accepting McConnell’s offer to vote to raise the debt limit to a certain number high enough to cover the nation’s financial obligations until December would amount to “a temporary victory.”

“In terms of a temporary lifting of the debt ceiling, we view that as a victory, a temporary victory with more work to do,” she told CNN's Jake TapperJacob (Jake) Paul TapperJon Stewart: It's a 'mistake' to focus all on Trump Buttigieg says delay in climate action will cost lives amid reports of Manchin roadblock Buttigieg says supply chain troubles could last into next year MORE

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Baldwin made her comments after leaving a closed-door Senate Democratic Conference meeting where lawmakers discussed McConnell’s offer floated earlier in the day.

Senate Majority Leader Charles SchumerChuck SchumerDemocratic frustration with Sinema rises Schumer endorses democratic socialist India Walton in Buffalo mayor's race Guns Down America's leader says Biden 'has simply not done enough' on gun control MORE (D-N.Y.) is expected to announce his party's position on McConnell's offer Wednesday afternoon. 

Baldwin noted that accepting the deal would allow Democrats to avoid having to undertake the arduous process of amending the 2022 budget resolution to set up a stand-alone reconciliation package to raise the debt ceiling. Under Senate rules, they would have to set the debt ceiling at a higher number under reconciliation and couldn’t simply vote to suspend it until after the 2022 midterm election. 

Other Democrats sought to portray the decision to accept McConnell’s offer as a win. 

“McConnell caved,” said Sen. Elizabeth WarrenElizabeth WarrenSinema's office outlines opposition to tax rate hikes The CFPB's data overreach hurts the businesses it claims to help Runaway higher ed spending gains little except endless student debt MORE (D-Mass.) after the meeting. “And now we’re going to spend our time doing child care, health care and fighting climate change.”

Democrats in recent days turned strongly against using the budget reconciliation process to raise the debt limit because it would have consumed up to two weeks of floor time and would have required many floor votes.